The global recession continues to create new realities for students, institutions, and faculty members engaged in higher education. This blog chronicles those changes for academic / historical record purposes. Click on the URL at the end of each posting to view the complete news report.

Thursday, June 15, 2017

Wright State University’s $30 million in proposed budget cuts will not be enough to stabilize the school’s future finances if a new revenue source is not found or enrollment does not grow. Wright State will almost certainly be placed on state fiscal watch by 2019 and to be removed from it, WSU must add around $45 million to its reserve fund over the next three years, school and state officials both said. There are just a few ways that money could be generated, the most obvious being even more cuts and layoffs.
http://www.daytondailynews.com/news/recently-announced-layoffs-cuts-won-enough-wsu/O4U3eiJ6n5YahIif9dcfAI/